why would i run the numbers when they report on travel and accomodation expenses but give us nothing useful on receivables and market penetration?
management have been treading water for over 2 years now. they have some problems which you've identified, these problems are by no means terminal, but they certainly need time to solve them. best way to buy some time?
... smoke and mirrors
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-55
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